Ctrlk
For the complete documentation index, see llms.txt. This page is also available as Markdown.

Tokenomics

FUNC is the utility token powering the Function Network, facilitating staking, rewards, and governance in a decentralized AI ecosystem.

🔗 FUNC Token Utility

  1. 🔒 Staking – Providers and gateways must stake FUNC tokens to participate in the network.

  2. 🎁 Rewards – Staked participants earn FUNC based on their contribution to AI inference.

  3. ⚖️ Governance – Future governance proposals and treasury management may be FUNC-holder driven.

💰 Earning FUNC

🔹 Compute providers & gateways earn FUNC by contributing compute power during each epoch. 🔹 Rewards are proportional to the share of total shards (work units) contributed.

Example Calculation:

  • Total epoch reward pool: 10,000 FUNC

  • Your contribution: 10% of total shards

  • Your earnings: 🎯 1,000 FUNC

📈 Economic Design

🔗 Fixed Supply & Scarcity

  • FUNC has a fixed supply of 1,000,000,000 tokens, ensuring long-term value retention.

  • No inflationary mechanisms. FUNC’s utility is driven by demand and network participation.

🏦 Treasury & Network Growth

  • The treasury is allocated for ecosystem development, community initiatives, and staking rewards.

  • Governance mechanisms will allow FUNC holders to propose and vote on treasury allocation.

FUNC fuels a decentralized, scalable AI network, ensuring fair rewards, governance, and long-term sustainability. 🚀

Last updated